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Indivisibilities in Distribution
Holmes, Thomas J. - 2018
to make its distribution network in both space and time. Indivisibilities are found to create significant scale economies … in distribution …
Persistent link: https://www.econbiz.de/10012920901
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The Intensive Margin in Trade
Fernandes, Ana M. - 2018
moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD …. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm …
Persistent link: https://www.econbiz.de/10012908824
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Distribution Capital and the Short- and Long-Run Import Demand Elasticity
Crucini, Mario J. - 2013
where this discrepancy between the short- and long-run elasticities is due to frictions in distribution. Goods need to be … combined with a local non-traded input, distribution capital, which is good specific. Home and foreign goods may be close … substitutes, but if distribution capital is slow to adjust then agents cannot shift their consumption in the short run following a …
Persistent link: https://www.econbiz.de/10013087445
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Workplace Knowledge Flows
Sandvik, Jason; Saouma, Richard E.; Seegert, Nathan; … - 2022
What prevents the spread of information among coworkers, and which management practices facilitate workplace knowledge flows? We conducted a field experiment in a sales company, addressing these questions with three active treatments. (1) Encouraging workers to talk about their sales techniques...
Persistent link: https://www.econbiz.de/10013322227
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Capital Gains Taxes and Stock Reactions to Quarterly Earnings Announcements
Blouin, Jennifer - 2012
This paper examines the impact of capital gains taxes on equity pricing. Examining three-day cumulative abnormal returns for quarterly earning announcements from 1983-1997, we present evidence consistent with shareholders' capital gains taxes affecting stock price responses. To our knowledge,...
Persistent link: https://www.econbiz.de/10012755993
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A New Metric for Banking Integration in Europe
Gropp, Reint - 2010
, and high profit banks see their profits driven down quickly …
Persistent link: https://www.econbiz.de/10012757853
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The Use of Full-Line Forcing Contracts in the Video Rental Industry
Ho, Justin - 2010
which contracts to offer are profit-maximizing. However, many retailers prefer to utilize linear pricing contracts even when … our model indicates that this may not be profit-maximizing …
Persistent link: https://www.econbiz.de/10012758060
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Understanding U.S. Corporate Tax Losses
Altshuler, Rosanne - 2010
Recent data present a puzzle: the ratio of corporate tax losses to positive income was much higher around 2001 than in earlier recessions. Using a comprehensive 1982-2005 sample of U.S. corporation tax returns, we explore a variety of potential explanations for this surge in tax losses, taking...
Persistent link: https://www.econbiz.de/10012758277
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Why Tie a Product Consumers Do Not Use?
Carlton, Dennis W. - 2010
This paper provides a new explanation for tying that is not based on any of the standard explanations -- efficiency, price discrimination, and exclusion. Our analysis shows how a monopolist sometimes has an incentive to tie a complementary good to its monopolized good in order to transfer...
Persistent link: https://www.econbiz.de/10012759900
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Earnings Quality and Stock Returns
Chan, Konan - 2010
An exclusive focus on bottom-line income misses important information about the quality of earnings. Accruals (the difference between accounting earnings and cash flow) are reliably, negatively associated with future stock returns. Earnings increases that are accompanied by high accruals,...
Persistent link: https://www.econbiz.de/10012763145